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Startup Legal Mechanics by Carolynn Levy

Startup School by Y Combinator

CHAPTER

Are You a Single Founder and Don't Need Vesting?

If you don't have vesting, you are setting your company up for future problems. No investor wants to put money into a company with founders who may decide the next day that they're burned out. You need to understand every provision in your founder stock purchase agreement. And it just is a lot better when you lead by example.

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